# Why did Putin demand that Russian gas be paid for in rubles?

**URL:** <https://boards.straightdope.com/t/why-did-putin-demand-that-russian-gas-be-paid-for-in-rubles/961658>\
**Category:** Factual Questions\
**Tags:** ukraine-invasion\
**Created:** [March 24, 2022, 10:01pm UTC](https://boards.straightdope.com/t/why-did-putin-demand-that-russian-gas-be-paid-for-in-rubles/961658 "2022-03-24T22:01:15Z")\
**Posts on this page:** 1\
**Showing post:** 8

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**Author:** ![Northern\_Piper](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/northern_piper/32/5304_2.png) [@Northern\_Piper](https://boards.straightdope.com/u/Northern_Piper)\
**Post date:** [March 26, 2022, 2:29pm UTC](https://boards.straightdope.com/t/why-did-putin-demand-that-russian-gas-be-paid-for-in-rubles/961658/8 "2022-03-26T14:29:23Z")

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Currency clauses were discussed in this thread; is that the one you’re thinking of?

> [@Given the current situation, what are the implications for someone who has a large amount of Russian and Russian-backed debt?](https://boards.straightdope.com/t/given-the-current-situation-what-are-the-implications-for-someone-who-has-a-large-amount-of-russian-and-russian-backed-debt/960559):
>
> Hypothetically, say I owed hundreds of millions of dollars to Russian banks, high-net-worth Russians and western banks that made loans backed with Russian collateral? In light of current events, what type of financial challenges could I expect?

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